The story
Yeti Airlines was established by Ang Tshering Sherpa in May 1998 and received its Air Operators Certificate on 17 August 1998. It started operations with two de Havilland Canada DHC-6 Twin Otters.
In 2009, Yeti Airlines established the subsidiary Tara Air to which it outsourced its STOL operations to airports in the rural and mountainous airports in Nepal and transferred its respective aircraft, DHC-6 Twin Otters and Dornier 228s to Tara Air.
In late 2023, Asian Life Insurance Co. Ltd. took over a 49% stake of Yeti Airlines Ltd and that the company would issue an IPO. Yeti Airlines has received a Triple B Minus (BBB−) issuer rating from Infomerics Credit Rating Nepal, a significant step as they are expected to apply at SEBON for IPO.
International operations
In 2007, Yeti Airlines launched Fly Yeti as a joint venture with Air Arabia. Due to political uncertainty, the airline ceased its operations in 2008.
In 2013, the European Commission banned all Nepalese airlines from entering the European airspace. This restriction is still in place as of June 2025.
In 2014, Yeti Airlines launched Himalaya Airlines, another international joint venture.
From Wikipedia’s article on Yeti Airlines, shared under CC BY-SA 4.0.4

